Brand Engagement Network Inc. (BNAIW)
Brand Engagement Network, Inc. specializes in cutting-edge conversational artificial intelligence and highly realistic AI avatars. These digital personas are engineered to deliver human-like interactions, complete with authentic expressions, gestures, and emotions. Crucially, they possess the ability to recall specific customer information and provide immediate, effective problem-solving across a variety of platforms, including mobile devices, personal computers, and dedicated interactive kiosks. The firm extends its services to key industries such as automotive, healthcare, and general customer support. Established in 2018, the company adopted its current name, Brand Engagement Network, Inc., in April 2023, having previously operated as Blockchain Exchange Network Inc. Its corporate headquarters are situated in Jackson, Wyoming.
Sector: Services-Computer Integrated Systems Design
Industry: Software - Infrastructure
Brand Engagement Network, Inc.
No splits on record
Nothing in BNAIW's public trading history: no forward or reverse split has affected the share count.
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Revenue | $275K | $100K | $35K | $16K | $7K |
| YoY Growth | 175.7% | 183.4% | 125.1% | 111.1% | - |
| Cost of Revenue | $7.92M | $0 | $0 | $0 | $0 |
| Gross Profit | -$7.64M | $100K | $35K | $16K | $7K |
| Gross Margin | -2778.2% | 100.0% | 100.0% | 100.0% | 100.0% |
| Research and Development | $163K | $1.13M | $237K | $136K | $45K |
| Selling, General, and Administrative | $8.87M | $19.24M | $10.84M | $1.03M | $782K |
| Other | -$4.05M | $16.2M | $638K | $77K | $0 |
| Total Operating Expenses | $4.98M | $36.57M | $11.72M | $1.24M | $827K |
| Operating Income (EBIT) | -$12.63M | -$36.47M | -$11.68M | -$1.22M | -$820K |
| Operating Margin | -4589.3% | -36550.7% | -33173.9% | -7826.6% | -11063.0% |
| Interest Expense | $410K | $203K | $57K | $0 | $0 |
| Interest Income | $0 | $3K | $16K | $0 | $0 |
| Other Income (Expense) | $4M | $2.76M | -$51K | $548K | -$304 |
| Income Before Tax (EBT) | -$8.63M | -$33.72M | -$11.73M | -$676K | -$820K |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 |
| Net Income | -$8.63M | -$33.72M | -$11.73M | -$676K | -$820K |
| Net Income Margin | -3135.2% | -33786.4% | -33318.0% | -4321.9% | -11067.1% |
| Supplementary Data | |||||
| EPS | -1.97 | -10.20 | -5.68 | -0.17 | -0.24 |
| Diluted EPS | -1.97 | -10.20 | -5.68 | -0.17 | -0.24 |
| Weighted Average OS | 4.38M | 3.29M | 3.39M | 3.87M | 3.37M |
| EBITDA | -$4.35M | -$30.78M | -$11.04M | -$599K | -$820K |
| EBITDA Margin | -1581.0% | -30848.9% | -31345.5% | -3830.1% | -11067.1% |
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Assets | |||||
| Current Assets | |||||
| Cash and Cash Equivalents | $172K | $149K | $1.69M | $213K | $861K |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $172K | $149K | $1.69M | $213K | $861K |
| Accounts Receivable | $250K | $34K | $10K | $2K | $55K |
| Inventory | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $30K | $108K | $71K | $0 | -$55K |
| Total Current Assets | $1.64M | $1.23M | $1.9M | $276K | $1.25M |
| Long-Term Assets | |||||
| Property, Plant & Equipment Net | $617K | $800K | $803K | $0 | $0 |
| Goodwill | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $13.05M | $16.12M | $17.88M | $600K | $677K |
| Long-Term Investments | $0 | $0 | $0 | $313.91M | $309.45M |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $0 | $0 | $1.43M | -$600K | -$677K |
| Total Long-Term Assets | $13.67M | $16.92M | $20.11M | $313.91M | $309.45M |
| Other Assets | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $15.3M | $18.15M | $22.01M | $314.19M | $310.7M |
| Liabilities | |||||
| Current Liabilities | |||||
| Accounts Payable | $5.04M | $6M | $1.28M | $0 | $0 |
| Short-Term Debt | $2.1M | $2.8M | $223K | $0 | $0 |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $2K | $0 | $0 |
| Other Current Liabilities | $3.67M | $3.56M | $491K | $5.44M | $1.02M |
| Total Current Liabilities | $10.81M | $14.25M | $3.15M | $5.44M | $1.02M |
| Long-Term Liabilities | |||||
| Long-Term Debt | $310K | $0 | $1.17M | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $722K | $919K | $0 | $11M | $19.13M |
| Total Long-Term Liabilities | $1.03M | $1.25M | $1.17M | $11M | $19.13M |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $11.84M | $15.51M | $4.31M | $16.44M | $20.15M |
| Stockholders' Equity | |||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $578 | $4K | $2K | $313.91M | $309.45M |
| Retained Earnings | -$55.64M | -$47.02M | -$13.3M | -$16.16M | -$18.91M |
| Comprehensive Income & Other | $0 | $0 | $0 | $0 | $0 |
| Other Stockholders' Equity | $59.1M | $49.66M | $30.99M | $0 | $0 |
| Total Equity | $3.46M | $2.64M | $17.69M | $297.75M | $290.55M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $15.3M | $18.15M | $22.01M | $314.19M | $310.7M |
| Supplementary Data | |||||
| Total Debt | $2.41M | $3.3M | $1.39M | $0 | $0 |
| Net Debt | $2.24M | $3.16M | -$293K | -$213K | -$861K |
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Operating Activities | |||||
| Net Income | -$8.63M | -$33.72M | -$11.73M | $7.21M | $5.08M |
| Depreciation & Amortization | $3.87M | $2.73M | $638K | $77K | $0 |
| Deferred Income Tax | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $822K | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | |||||
| Accounts Receivable | -$249K | -$51K | -$30K | -$2K | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | $2.98M | $6.01M | $101K | $0 | $0 |
| Other Working Capital | $560K | -$3.5M | $1.07M | $4.74M | $663K |
| Total Working Capital Change | $3.29M | $2.47M | $1.14M | $4.74M | $663K |
| Other Non-Cash Items | -$4.44M | $13.6M | $4.19M | -$12.67M | -$7.39M |
| Net Cash from Operating | -$5.09M | -$14.92M | -$5.77M | -$649K | -$1.65M |
| Investing Activities | |||||
| Capital Expenditures | -$24K | -$281K | -$882K | $0 | $0 |
| Acquisitions | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | -$309.45M |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $0 | $0 | -$257K | $0 | $0 |
| Net Cash from Investing | -$24K | -$281K | -$1.14M | $0 | -$309.45M |
| Financing Activities | |||||
| Debt Repaid | - | $80K | -$638K | - | - |
| Common Stock Issuance | $2.92M | $11.4M | $5.04M | $0 | $312.13M |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | $372K | $2.35M | -$159K | $0 | $0 |
| Net Cash from Financing | $5.13M | $13.67M | $8.59M | $0 | $311.96M |
| Forex Effect | $0 | $0 | -$211K | $0 | $0 |
| Net Change in Cash | $23K | -$1.54M | $1.47M | -$649K | $861K |
| Supplementary Data | |||||
| Operating Cash Flow | -$5.09M | -$14.92M | -$5.77M | -$649K | -$1.65M |
| Capital Expenditure | -$24K | -$281K | -$502K | -$4 | $0 |
| Free Cash Flow | -$5.11M | -$15.2M | -$6.27M | -$649K | -$1.65M |
| Cash at Beginning | $149K | $1.69M | $213K | $861K | $0 |
| Cash at End | $172K | $149K | $1.69M | $213K | $861K |